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performance/process improvement:

... actions taken to increase productivity, for example by pursuit of excellence; an economic development tool when used in specific situations that result in retention, expansion and investment in a location; a jobs retention tool when successfully applied within a enterprise of value to a community having an economic development best practices program in place.

performance stepchange:

... a highly focused approach to teaching or coaching for performance improvement that combines state-of-the-art methods and computer monitoring of productivity and customer reactions. A trademark for computer monitoring software used to support a stepped approach to making changes for process improvement or using performance-based management.

define Peter Principal:

... a principal set forth by Laurence Johnston Peter (1919-1990) stating that people rise through the employee ranks until they reach a level of incompetence. The parodical term Peter-Out Principal was more recently defined in the book Free Agent Nation

phishing:

... the act of misusing an email address or similar identity for the purposes of perpetrating a prank, scam or other cybercrime.

... a place for people and a sustainable economy laid out in advance of its occupancy; a new town resulting from a project for improving real estate so that a residential combined with a commercial and, sometimes industrial market, can be accommodated. Planned community development efforts are usually government controlled so that land for infrastructure such as schools, supporting utilities and public services is set aside. Government may also oversee environmental protection, for example requiring the setting aside of green spaces. For more information see Planned Communities / New Towns (George Mason University Libraries).

plant site:

... an industrial site; location of a manufacturing or processing plant; real estate under consideration for the location of an industrial operation. For example, the expression Plant Site Locators (see PSL) was used in the 1990s to identify a site selection service somewhat similar to that of the Site Selection Directory, but not free and open online as is the case with the latter. PSL no longer exists. The Site Selection Directory is not limited to industrial site searches.

PSL

... initials that stood for Plant Site Locators. A service that brokered information about plant site location projects to places that wanted economic development prospects.

post:

... to publish something, for example, to post an announcement of an economic development project and site selection criteria online. The posting of such a notice in the Site Selection Directory is a free service offered to economic development prospects by The Network.

power / power cost:

... energy used in the operations of an enterprise. Power cost or energy cost are categories of location data. Enterprise developers and site selectors want to know what the cost of power will be in a location. CLICK HERE for an example of the power cost used by a data broker or copy and paste the following italicized words in the search box below. Select the search button. Substitute the name of a place of interest to you for the word location inside the quotation marks. Search the Web for ... site selection power cost "location"

... training provided before employment in order qualify a potential worker for a job. When used for labor screening it offers the advantage of lessening the risk of mismatch which makes pre-employment training exceedingly more practical than OJT (On-the-Job-Training).

http://www.findmehere.com/search/dictionary/p/pro_business.htm

... an attitude that supports enterprise development; an attitude that a place seeking economic development should have which is reflected by such incentives as right-to-work and tax laws; a category of location data that makes a statement about the business environment in an area, for example, the term may be used as a header in a community profile under which is listed things that make the place attractive to enterprise developers

process-based management:

... the handling, directing, or controlling of operations, actions, or a series of systematic changes by continuously assessing, analyzing, and improving them

profiling:

... a research or investigative technique for determining group characteristics and using them to reduce the number of selection optionssee the definition of location profiling.

project announcement:

... a profile with delineation of wants and needs published or otherwise placed before the eyes of resource and service providers with the intent to they should respond. For example, a project announcement of a search for a location published in the Site Selection Directory in order to request information for a project. A project announcement may also be used to inform the public of something significant that happens during the course of an enterprise development project. For example, a chamber of commerce may announce that a company has chosen its community as the site of an operation that will create a

project profile:

... a brief that summarizes information about an enterprise development, site selection or economic development project, or presenting its distinctive features or characteristics. A profile as defined here typically covers a set of specifications or requirements. In the case of a site selection project, the profile covers a set of selection criteria and is intended for distribution to location data suppliers. Effective communicators announce their projects in ways that get the attention of contacts so that they are motivated to respond in a timely manner ... (source of quote). A profile may be referred to as a scope of a project.

project scope / scope of project:

... the full range of what is needed and wanted to take a project to its conclusionmore

project specifications:

... specs; documentation of requirements for taking a project to successful conclusion. Selecting the last link in the previous sentence will take you to information in the resource archive of the Enterprise and Economic Development Library about how projects begin and end. The information includes suggestions of three stages of a project broadly presented.

project status:

... where things stand with a project. Three levels of project status are suggested for your consideration under Quick Step Enterprise Development: a brief look at the process in five steps. They are project status ... (1) tentative, (2) preliminary, and (3) active. These are especially useful classifications in helping .network mission contacts determine how to expend resources on providing assistance to prospects. A tentative site selection project on the one hand may only require sending a location package and following up by telephone, whereas one that's active project may require traveling to make face-to-face or taking advantage of an opportunity to mutually attend a networking event to become acquainted.

profit:

... the remainder after the total cost of doing business is calculated and subtracted; value that is clear of all costs; i.e., clear profit. An economic profit is the return a business makes on invested capital, minus the cost of capital, times the amount of invested capitalsource.

promise of The Network

... the .network search promise, a commitment to provide personal search assistance for free when requested to do so by those who choose to join in on the mission of The Network.

property tax - define at bottom of page / property_tax tag see t/tax.htm

define prospect ... the website www.businessdictionary.com has a general business definition.

saved: http://www.findmehere.com/search/dictionary/p/prospect.htm

saved: http://www..economicdevelopment.net//search/dictionary/p/prospect.htm

saved: http://www.findmehere.com/search/dictionary/m/marketing.htm

saved: http://www.findmehere.com/search/dictionary/p/prospect_services.htm

prospect development:

... activities surrounding a systematic search for prospects; something area and local development representatives are typically expected to do as they carry out their responsibilities for marketingsee the .network file on economic development marketing.

definition of prospect development

prospect information:

... that which is requested or wanted by an enterprise developer or site selector, especially location data in the latter case. The ability to find location data suppliers can be useful.

definition of prospect information

prospect services: http://www.findmehere.com/search/dictionary/p/prospect_services.htm

... that which is available for or is provided to a prospect. For example, local development representatives should be positioned to provide prospect information when called upon to do so but their services may go beyond that. Savvy business decision makers may need to know about the ones who can help cut red tape or otherwise facilitate enterprise development.

definition of prospect services

public-private partnership:

... a venture entered into jointly by a government and non-government entity, generally as a means for organizing the financing and/or management structure for public use or the public good.

what is a public-private partnership

public-sector financing:

... obtaining and/or using government controlled funds which are made available as incentives to entice private sector participation in financing projects. Lessons from the Field (Northeast-Midwest Institute) has is a source of information about public-sector financing programs. See the definition of public-private partnership and the list of various programs that US members of the .network target user group have asked about over the years.

The words in italics that define economic profit were originally quoted from a publication of the IDRC foundation, The Strategic Alignment Handbookgo back.

* Use of the word membership or member does not imply that visitors to The Network are required to pay fees before becoming users. The Network is a free-access resource.

FAQ: Is The Network affiliated with or under the control of a membership organization or special interest group? No! The Network is owned by Economic Development Services Inc.

FAQ: What does it mean to participate in the mission? See the definition of participate.

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[P] page in the .network glossary / page in an alphabetical series

The Enterprise and Economic Development Glossary a resource of the .network library

property tax:

... a levy based on an appraised value (ad valorem) on a... tangible or intangible possession to which there is an attached right of ownership including titular ownership (source of quote). The purpose of the levy is to tranfer a portion of wealth, value, earnings, or the property itself to a government, taxing authority, or other overseer of a domain.

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FYI: definition of property taxation definition of property tax what is property tax what is a property tax definition of ad valorem tax what is an ad valorem tax defination of an ad valorem property tax